Skip to content An emerging Channel Up pattern in its final wave has been identified on the XAUUSD 4 hour chart. After a strong bullish run, XAUUSD is heading toward the upper triangle trendline, with possible resistance at 4884.1774. If the resistance holds, the Channel Up pattern suggests a rebound toward current levels.
An emerging Channel Up pattern in its final wave has been identified on the XAUUSD 4 hour chart. After a strong bullish run, XAUUSD is heading toward the upper triangle trendline, with possible resistance at 4884.1774. If the resistance holds, the Channel Up pattern suggests a rebound toward current levels.
FTSE100 has broken through a resistance line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 21 days, which suggests a possible target around 10689.6367 within the next 2 days.
LTCUSD is trapped in a Ascending Triangle formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
NGC/USD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 17 hours.
The movement of LTCUSD toward the resistance line of a Channel Down is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 3 days, but it is uncertain whether it will result in a breakout through this line or simply […]
S&P500 is approaching a support line at 6569.7998. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.
XAUUSD is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If XAUUSD continues on its current trajectory, it could reach 4906.1557 within the next 3 days.
